Ponce Bank

Lender

2244 Westchester Avenue. Suite 2. Bronx, NY 10462

People:

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Steven Tsavaris Chairman Office: +1 718-931-9000 Email: steven.tsavaris@poncebank.net

Carlos Naudon Ceo Office: +1 718-931-9000 Email: carlos.naudon@poncebank.net

Sergio Vaccaro Chief Financial Officer Office: +1 718-931-9000 Email: sergio.vaccaro@poncebank.net

Luis Gonzalez Executive Vice President And Chief Operating Officer Office: +1 718-931-9000 Email: luis.gonzalez@poncebank.net

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Company Activity past 24 months:

Lender company: 56 for $1.3 billion

Latest Stories:

• Ranco Capital pays $12.5M for 69-unit dev site in Williamsburg (February 03, 2026)

• VAJA Group signs $84M refi with TPG for 152-unit rental in Astoria (January 30, 2026)

• ZD Jasper Realty pays $21.8M for portion of 105-unit LIC dev site, total price $24.1M (January 05, 2026)

• FBL Development files plans for 158 units in DoBro (December 22, 2025)

• ZD Jasper Realty pays $2.3M for parcel in Long Island City (December 15, 2025)

• Talmudical Seminary of Bobov signs $23M construction loan with Ponce Bank for project in Borough Park (December 10, 2025)

• Twin Group Associates signs $63M refi with MF1 for 110-unit rental in Downtown Brooklyn (December 02, 2025)

• Gold Stone Management pays $31M to family of Dr. Jay’s for dev site in Downtown Brooklyn (November 03, 2025)

• Aditya Shah pays $7.1M to iCross Capital for dev site in Long Island City (October 29, 2025)

• Cun Long Chen signs $45M construction loan with Ponce for retail, office project in Flushing (October 23, 2025)

Court Records:

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Ponce Bank filed a $1.7 million pre-foreclosure 850124/2025 on March 15, 2025, against Alireza Korangy and Ghazal Abbasy-Asbagh at 118 West 132 Street.

Ponce Bank filed a $3.3 million pre-foreclosure 708675/2024 on April 23, 2024, against Giuseppe Vaccaro and Vito Vaccaro at 27-18 23 Street, 27-20 23 Street, 27-22 23 Street and 27-28 23 Street.

Ponce Bank filed a $1.2 million pre-foreclosure 506232/2024 on March 01, 2024, against Michael Goberdhan at 94 Starr Street.

Ponce Bank filed a $4.1 million pre-foreclosure 704452/2023 on March 01, 2023, against Hang Zhao and Wing Fung Chau at 136-25 41 Avenue.

Ponce Bank filed a $3.2 million pre-foreclosure 712957/2022 on June 21, 2022, at 84-77 57 Road, 84-75 57 Road, N/A 57Th Road, N/A 57Th Avenue and 85-08 57 Avenue.

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